China’s stockmarket.docxVIP

China’s stockmarketSkyward marchEfforts to stimulate the economy risk stoking an already blazing stockmarketApr 25th 2015 | SHANGHAI |JUDGING by its stockmarket, China is awash in cash. Trading is so frenetic that on April 20th, volumes surpassed the limits of the software that tracks transactions. More than 1.1 trillion yuan ($180 billion) of shares swapped hands that day, but the Shanghai Stock Exchange’s counter remained stuck at 999.99 billion. It is only a matter of time before this happens again. Investors are opening more than a million new trading accounts every week, chasing returns o